As we all know, the Cannes Film Festival is the swankiest festival on earth. You pretty much have to wear a tuxedo to go to breakfast (there are "no tails, no croissant" signs up everywhere), and you can't throw a large rock without hitting someone rich and undeniably fabulous. But there's a dark side to the glamour, as Deadline is reporting that there was a jewelry heist that took place on Thursday night, with a brazen thief making off with over $1 million worth of Chopard jewelry. French authorities are asking festival goers to keep an eye out for a man in a black-and-white striped shirt carrying a large bag with a money sign on it.

What's ironic is that the theft took place on the same night that "The Bling Ring" premiered. "The Bling Ring," of course, is based on a series of robberies that were committed by young kids in Hollywood, who would sneak into the homes of rich and famous people and make off with their prized possessions. Life imitating art imitating life?

When we heard about the robbery, we also immediately thought of "Femme Fatale," the Brian De Palma movie whose opening sequence is a brazen jewel heist at the Cannes Film Festival. It's so great. Also great about that movie: Rebecca Romijn frequently getting very, very naked... Wait, where were we?

Right, so Chopard is a sponsor for the Cannes Film Festival and it provides celebrities with jeweled niceness for walks down the red carpet. They also design the festival's coveted awards, including the Palme d'Or. It's unclear whether or not the criminals made off with the Palme d'Or. If they did can you imagine the prestige?